Piper Jaffray Maintains Overweight Rating and $25 PT on Assured Guaranty

Symbols: AGO
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A report from Piper Jaffray reiterates its Overweight rating and $25 price target on Assured Guaranty (NYSE: AGO).

Piper Jaffray writes, “Looking ahead to 3Q11 earnings for Assured Guaranty, we believe macro concerns outweigh the actual earnings results… Even with these macro issues, we anticipate Assured Guaranty continues to generate attractive results, particularly when investors adjust results for actual credit performance”.

AGO closed yesterday at $11.69.


 
 
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